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Risk associated with future trading
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[QUOTE="btaliat, post: 220304, member: 26390"] Future trading is the fastest way of making money and the surest way of losing money. It is not difficult to amass more than enough in future trading neither does it take you a second to become a pauper on the same platoform. What's future trading and why is it too risky? Future trading is predicting the prices of coins in the future. That's it, you may either predict that a coin may rise or fall in the future based on the trend of the coin. Why is it risky? Mostly, crypto traders don't really like to go into future trading because of the risk involved which may he due to the following. Using of high leverage. The very funny thing about this is that $10 is capable of becoming$100000 if the price goes the right direction and the leverage is high, the same way $100000 can become$ 10 if there is wrong prediction. To be on a saver side, leverage should be used averagely. Not too high and not too low. Improper monitoring of the trend or position. It is not a doubt that crypto is too volatile. Many people however do not monitor their positions very well due to many factor. This makes them lose more because they would have stopped the loss if they notice on time that the market is not going in their direction. [/QUOTE]
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